Real Estate Investing in Gogebic County, Michigan

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

4 ZIP codes • Population: 13,626

Should you buy in Gogebic County, MI? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals β€” some positives, some negatives. Worth considering but not a slam-dunk.

πŸ“ˆ For Investors
MIXED
3.3 / 5 (56/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 31.4% of homes vacant β€” above national norms.

What’s happening in Gogebic County, MI?

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3.3/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $160,382
Avg Monthly Rent $909
ZIP Codes 4

Investing in Gogebic County Real Estate

With 13,626 residents across 4 cities, Gogebic County shows subdued fundamentals that keep most passive capital on the sidelines β€” a region that demands real local knowledge.

Gogebic is the kind of county where the cap rate on paper and the cap rate realized tend to diverge. plainly out-of-state capital should be especially careful with carry-in assumptions.

Demographics in Gogebic show real pressure β€” $N/AK median income is muted relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Gogebic County, MI. Anonymous, moderated, never written by AI.

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Avg Home Value
$160,382
Avg Monthly Rent
$909
1% Rule
βœ— Below
Landlord Friendly (MI)
β˜…β˜…β˜…β˜…β˜…

πŸŽ“ Colleges & Universities in Gogebic County

1 College 844 Students 286 Off-Campus Renters
C
Gogebic Community College
2-Year Public Β· 844 students
πŸ“ ~286 students rent off-campus

Cities in Gogebic County

ZIP Codes in Gogebic County, MI

Screen every market in Gogebic County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Gogebic County

What are rental rates like in, MI?

Rental rates in, MI average $909/mo. Tenant demand and $160K home values make the yield look reasonable by investor standards.

How do landlord-tenant laws work in, MI?

MI law tenant-protective for landlords, and inherits those rules. Investors should still review local ordinances for rental licensing.

Is, MI a good market for buy-and-hold investors?

Our data puts, MI at 3.3/5 for investability. Home prices of $160K and rents around $909/mo create a solid backdrop for investor activity.

How qualified is the tenant pool in, MI?

The tenant pool in, MI is solid, supported by local employment and population fundamentals. Rents of $909/mo are well-absorbed by the market.

Community Ratings

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